Guidewire Software (GWRE) COO Sells $10,444.95 in Stock

Guidewire Software (NYSE:GWRE) COO Priscilla Hung sold 135 shares of Guidewire Software stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $77.37, for a total value of $10,444.95. Following the completion of the transaction, the chief operating officer now directly owns 3,714 shares in the company, valued at $287,352.18. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Priscilla Hung also recently made the following trade(s):

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  • On Tuesday, March 20th, Priscilla Hung sold 2,689 shares of Guidewire Software stock. The stock was sold at an average price of $84.10, for a total value of $226,144.90.
  • On Monday, March 5th, Priscilla Hung sold 136 shares of Guidewire Software stock. The stock was sold at an average price of $82.50, for a total value of $11,220.00.
  • On Monday, February 5th, Priscilla Hung sold 135 shares of Guidewire Software stock. The stock was sold at an average price of $77.39, for a total value of $10,447.65.

GWRE opened at $80.91 on Friday. Guidewire Software has a 52-week low of $58.25 and a 52-week high of $92.65. The company has a market cap of $6,097.54, a PE ratio of 252.84 and a beta of 1.05.

Guidewire Software (NYSE:GWRE) last posted its earnings results on Tuesday, March 6th. The technology company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.14. The firm had revenue of $163.80 million for the quarter, compared to analysts’ expectations of $154.34 million. Guidewire Software had a positive return on equity of 2.54% and a negative net margin of 5.09%. The business’s revenue was up 41.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 earnings per share. sell-side analysts anticipate that Guidewire Software will post -0.01 EPS for the current fiscal year.

Several research firms have recently issued reports on GWRE. William Blair reissued an “outperform” rating on shares of Guidewire Software in a research note on Wednesday, March 7th. Stifel Nicolaus boosted their target price on Guidewire Software from $78.00 to $88.00 and gave the company a “hold” rating in a research note on Wednesday, March 7th. KeyCorp reissued a “buy” rating and set a $91.00 target price on shares of Guidewire Software in a research note on Wednesday, March 7th. DA Davidson set a $100.00 target price on Guidewire Software and gave the company a “buy” rating in a research note on Thursday, March 8th. Finally, ValuEngine raised Guidewire Software from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $85.44.

A number of hedge funds have recently modified their holdings of the stock. Xact Kapitalforvaltning AB purchased a new stake in Guidewire Software in the fourth quarter worth $505,000. Sterling Capital Management LLC grew its stake in Guidewire Software by 11.6% in the fourth quarter. Sterling Capital Management LLC now owns 67,752 shares of the technology company’s stock worth $5,031,000 after purchasing an additional 7,036 shares during the period. Segall Bryant & Hamill LLC grew its stake in Guidewire Software by 4.9% in the fourth quarter. Segall Bryant & Hamill LLC now owns 742,888 shares of the technology company’s stock worth $55,167,000 after purchasing an additional 34,784 shares during the period. DF Dent & Co. Inc. grew its stake in Guidewire Software by 6.3% in the fourth quarter. DF Dent & Co. Inc. now owns 19,053 shares of the technology company’s stock worth $1,415,000 after purchasing an additional 1,128 shares during the period. Finally, Weitz Investment Management Inc. grew its stake in Guidewire Software by 160.0% in the fourth quarter. Weitz Investment Management Inc. now owns 65,000 shares of the technology company’s stock worth $4,827,000 after purchasing an additional 40,000 shares during the period.

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Guidewire Software Company Profile

Guidewire Software, Inc provides software products for property and casualty insurers. It offers Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers. The company's products include Guidewire InsuranceSuite comprising Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a lifecycle management application; Guidewire BillingCenter, manages billing, payment plans, agent commissions, and external payment systems; and Guidewire Underwriting Management, a cloud-based underwriting application.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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